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20121129
20121207
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MSNBCW 11
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CSPAN 8
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English 29
Search Results 0 to 28 of about 29 (some duplicates have been removed)
CNN
Nov 29, 2012 4:00am PST
be a good cup of coffee. a new report says president obama is being flexible with top tax rates as negotiations intensify. will that help republicans agree to a deal? we'll be talking to republican from wyoming senator john barrasso up next. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating expenses tdd#: 1-800-345-2550 in their respective tdd#: 1-800-345-2550 lipper categories. tdd#: 1-800-345-2550 lower than spdr tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and even lower than vanguard. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 that means with schwab, tdd#: 1-800-345-2550 your portfolio has tdd#: 1-800-345-2550 a better chance to grow. tdd#: 1-800-345-2550 and you can trade all our etfs online, tdd#: 1-800-345-2550 commission-free, from your schwab account. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 so let's talk about savi
CNN
Nov 28, 2012 10:00pm PST
a quarter of a million a year. if mr. obama and the democrats get their way, doing the deal to avoid raising the rates and avoiding the fiscal cliff, where all tax cuts and brakes expire at the end of the year. that is an election, popular at the end of the year, certainly give president obama a lot of clout right now. you can disagree or agree with the policy. that is for you to decide. republican tom cole of oklahoma happens to disagree strongly. at the same time, he recognizes the political reality that all tax cuts will expire on january one, and no one wants to raise taxes on what would amount to 98% of all the taxpayers. >> in my view, we agree we're not going to raise taxes on people that make more than $250,000, we should just take them out of this discuss right now. continue to fight against any rate increases and continue to fight for a much bigger deal. >> congressman cole joins us, the staunchly conservative editorial page of "the wall street journal is on board now. president obama's re-election means that taxes for upper income earners are going up one way or another. the quest
CNN
Dec 4, 2012 4:00pm PST
in recent days. deputy whip congressman tom cole of oklahoma. he said the gop should agree to obama's proposal to extend bush tax rates for households that make less than $250,000. and they should do that deal right now, deal with the rest later. boehner said no way. and then tom cole said boehner should not offer a counterproposal to the fiscal cliff deal the president presented. boehner offered a proposal yesterday. i asked cole if he's frustrated with john boehner. >> no, not in the least. look, i support the speaker. and we're actually not very far apart on anything. and, you know, at the end of the day, he's going to negotiate a deal. it will probably be a challenging vote for a lot of people. i always support him. i would expect i will again and try and persuade others. just to be clear, i'm not for raising taxes on anybody. i think it's a mistake. i think all republicans believe that. however, you have to recognize the reality that at the end of the month, tax rates for every american that pays income tax are going to go up. so there is an area that we do agree with the presi
CNN
Nov 28, 2012 7:00pm PST
more than a quarter million dollars a year. mr. obama and the democrats get their way, doing a deal to raise just those rates would avoid the fiscal cliff, where all bush era tax cuts on all tack tax brackets expire at the ends of the year. the election, popular opinion and more give president obama a lot of clout right now. and you can agree or disagree with the president's policy. that's for you to decide. republican congressmen tom cole of oklahoma disagrees stronsly. at the same time, he recognizes the political reality that all tax cuts will expire on january 1st and no one wants to raise taxes on what would amount to 98% of all taxpayers. >> in my view, we all agree that we're not going to raise taxes on people that make less than $250,000. we should just take them out of discussion right now. continue to fight against any rate increases, continue to try to work honestly for a much bigger deal. >> congressman cole joins us shortly. a rock rib conservative. chair of the national republican congressional committee, and he's no longer a lone voice in the wilderness. the staunchly
CSPAN
Dec 3, 2012 8:00pm EST
they should join president obama to extend the tax rates for the highest income earners the law professor john buckley looks at the history of the tax, plus your e-mails, phone calls, and tweets. in a few moments, a forum on energy security. in a little less than an hour and a half, 20 years since russia and the u.s. agreed to secure and nuclear weapons in the former soviet states, and a look at proposals but could be negotiations over the fiscal cliff. >> we are at the new york state museum. this is dedicated to the history of september 11 and the attacks at the world trade center. we have established the gallery to tell the story of the first moments of the attack using photographs from the world trade center site. there is a piece of steel. we put it in a place where the public can come and touch it. it gives a tangible experience. this is a piece of steel from the north towers. this is a dramatically bent piece of steel. this is within 10 floors of the impact, and you can see the openings with this piece of metal strips that would have held aluminum. every piece of steel marks which side o
CNN
Dec 4, 2012 1:00pm PST
, as well as increase in the rates, a down payment as president obama talked about and we need to spend next year on some of the larger issues. >> it always comes down to the last few weeks in a tough situation we knew was coming. >> you're right, it is frustrating that the republicans are still digging their heels in and refuse to recognize that whatever plan we come up with, and we do have to have fairness and balance and it has to work mathematically and their plan does not. >> the president had nice words to say about you in nominating you for another term. you have a lot going on. >> we have a lot going on in the country and i'm privileged and honored to be with the president to continue to serve. >> we'll take a quick break. lots more news right after this. ♪ ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. this season, discover aleve. i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i
CSPAN
Dec 6, 2012 1:00am EST
. president obama wants it to go back to the 20% rate. dividend taxes are on dividends that are paid out by companies. george w. bush wanted to follow parity, that they should be taxed at the same rate. what would happen when the tax rates expire, the capital gains rate would go up 20%. the dividend rate would go to 39.6%. there would be a big gap there. they want to maintain that parity and to find something between 15% and almost 40%. why is this a battle? guest: it is a big deal for the fight over income inequality. democrats have long targeted the capital gains tax as something that makes the tax code less regressive and increases in a quality. a lot of wealthy people make money through investments. it is a big issue for corporations and investors who feel corporations are already taxed and you're essentially putting another tax. host: who pays the capital gains tax? guest: if you buy a stock and make money, you are paying it. it tends to hit upper income earners more. anybody in the stock market will be paying that. host: if your pensions are 401(k), are you paying it? guest: it wil
MSNBC
Nov 29, 2012 3:00am PST
to compromise it out. you don't increase the rates as much as obama wants. you do some stuff on deductions and so-called loopholes that the republicans want. you create $1.2 trillion of revenue. you have a trillion dollars of savings from some stuff that happened already last year, do some stuff on defense, you could get the $4 trillion package that we need. it's not hard. you just have two sides that are so polarized, have dug themselves into such deep corners, and just seem unwilling to get out of them. >> it will get done. remember i told you that. >> from donnie's lips. >>> let's get to some of your charteds here because katty asked you what happens if we do go over the cliff. let's look at some of the real consequences. the uncertainty index is your first one. >> as i said, we don't know what happens, but there's a few indicators that give us a sense as to at least where people, business and the economy is at the moment. one interesting index that i came upon is called the uncertainty index. it's done by several economists where they attempt to incorporate the number of news stories t
MSNBC
Dec 3, 2012 9:00am PST
of looking like they're defending, keeping the current tax rates for the wealthy. end of the day president obama is selling a simple message, i want to keep taxes low for middle-class americans and republicans look like -- i'm worried are in the position offiof ing -- looking as fe the don't care about middle class. >> joining us is the sage of capitol hill, boat shoe enthusiast and celebrity doppelganger, nbc's luke russert. >> good day. happy monday. >> thank you, luke. it's an exciting time on capitol hill my friend. i want to focus first on the gop. is the party coming together, coalescing around something, anything, relating to the fiscal cliff? >> well, i think they're coalescing around anything it's for speaker boehner to continue the negotiations and not give a single inch. the gop has done very well over the last few years is in the negotiations with president obama. they've held a hard line to the very end including during the debt limit where john boehner is allowed to say he got 98% of what he wanted. what you have to look for is the splinter that tom cole started last week, he
MSNBC
Dec 4, 2012 3:00pm PST
're going to protect middle class families, then we're going to have to have higher rates for the wealthiest americans, folks like me. >> read his lips, no deal without a tax increase on the richest in this country. and get this, president obama is winning this argument. remember the anti-tax pledge? 44 republicans had distanced themselves from it. today conservative columnist david brooks says, republicans have to realize they're going to have to cave on tax rates. and conservative writer byron york writes, quote, republicans will cave. part of the reason for the shift is the president is staying strong on this issue. he did just -- he did that to just now and won an election. also, americans are saying clearly who they blame if the two sides don't reach a deal before the end of the year. take a look at this. a new poll shows republicans will take the blame if a deal isn't reached and we go over the fiscal cliff. 53% say it's on republicans. half that, 27%, will blame the president. this is progress. this is change. if president obama can break republicans on tax increases, this could redef
MSNBC
Dec 5, 2012 3:00am PST
holding the pen when he wrote, "i will not raise rates" in that letter he sent to president obama. but the problem is, we can agree or disagree with the president's position. i honestly take the president at his word. i do not believe there will be a deal here without some increase in tax rates for the top 2%. it doesn't have to be all of it, but some of it. i think the president has changed his tune a bit from the way he's handled some of these other negotiations. and take everything you say and turn it around. boehner and the republicans have to be aware of where obama's at in his own head and with his colleagues, which is no deal without some increase in rates, or we go over the cliff. >> let me just add one thing. when obama made that initial offer, we talked a little bit about how, you know, it was a wish list. it was ideological, whatever you want to say. i think it actually helped boehner in some respects because it gave him three or four things that he could then go back to his caucus and say, look, i moved obama off of this, this and this. and when boehner put his offer o
CSPAN
Dec 4, 2012 7:00am EST
worth having, but as a rule, the lower the rate, the better for investment, the better for job growth. in terms of medicare and medicaid, you will see for upper-income under obama-care, that has been done. if you make over $250,000, if you will pay a tax. -- you will pay a tax to fund that thing. the democrats and an enormously new program that has $600 billion of taxes over a decade that are beginning to kick in. if you go to a tanning salon, if you buy a wheelchair, there will be taxes, and if you are a high- income investor, you will already hit with taxes. host: are those of included and budget proposals? guest: we think some of these things should be open for negotiation, but we lost the election, so the president will not do a full repeal. having said that, there are areas we have worked on before, trying to get rid of 1099 forms, and democrats said that was a dumb idea, and the president signed that repeal. we will continue to work, but this thing is a backer fiscally for the country or the next decade and that will become progressively more evident. host: linda. your honor wit
CSPAN
Nov 28, 2012 8:00pm EST
with president obama to move forward in preserving the tax rates for the middle-class. as the chairman just said, for everyone, including warren buffett, ross perot -- they would get tax relief for the first $250,000 of their income as well. you hear some republicans collin this pledge handcuffs that keep them from moving forward. we would hope in the short periodically have before december 31, we would not let a pledge to a special interest supersede the pledge of allegiance to make to our country. finally, once again, the american people are way ahead of the politicians. the american people by two- thirds agree with president obama that we must have a balanced approach to solving deficit issues and moving toward economic growth and job creation. two-thirds. if they were a vote by the american public today, there would be a landslide in favor of providing for the 2% wealthiest americans to pay a little more in taxes to help them get to the point of a balanced approach. a landslide victory. including republicans in america who agree with that. there is no reason to delay. we think we can move fo
CSPAN
Nov 30, 2012 2:00pm EST
and they reset the rates -- the lady from kentucky talk about how obama had raised her taxes. she has gotten more tax breaks since obama was president -- she pays a lower rate than she did for the past 60 years. guest: in terms of the retroactive application --there is a possibility we could come back in january and say we will reinstate those tax rates for everybody except those people making more than $250,000. host: we have about 30 seconds. the likelihood these credits will be reduced. guest: it will be a crapshoot. host: steven sloan from politico. walking in the other series about what may be affected because of the fiscal cliff. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> president obama spoke about the fiscal cliff today. later in the day, house speaker john boehner responded to the president's comments. you can both of them starting at 8:00 p.m. eastern on c-span. tomorrow came a memorial service for warren rudman who died earlier this month. we will hear remarks from vice- president joe biden and several others as t
MSNBC
Nov 28, 2012 11:00pm PST
take president obama's view, extend bush tax cuts for all but the top 2%. that's a sign some republicans may be open to higher rates for the rich. >>> is it possible negotiators could learn something from the most important movie out there right now "lincoln." doris kearns goodwin joins us. >>> let me finish with how lincoln outlawed slavery for good and how he did it using politics. this is "hardball," the place for politics. >>> how's this for irony? mitt romney has finally captured 47% of america. remember this video that sunk the romney campaign? >> there are 47% of the people who will vote for the president no matter what. 47% who are with him, who are dependent upon government, who believe they are victims, who believe the government has a responsibility to care for them. >> well, the cook report points out romney shared a popular vote of this country has fallen to, you guessed it, 47.4%. as expected to fall further, and settle at the 47 mark, exactly. we'll be right back. [ woman ] . progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your wo
MSNBC
Dec 2, 2012 12:00pm PST
of that would be a refusal by republicans to accept the rates that are going to have to go up on wealthiest americans. i don't really see them doing that. >> nbc news white house correspondent, mike viquiera joining me now. treasury secretary timothy geithner, president obama's point man in these fiscal cliff negotiations, ran the gauntlet this morning. he appeared on all five sunday talk shows, including "meet the press" of course, what else did he say? >> craig, you know if we're in the posturing stage and a lot of people think we're still in the posturing stage with, 29 or 30 days to go. we better hope that they're just posturing, because after the period of optimism, the post-election talk of compromise, you remember john boehner came out the day after the election, the president spoke about compromise as well. they're as far apart as they ever have been and the clock is ticking. what timothy geithner said is as follows, nothing is going to get done unless republicans agree to raise rates on the wealthiest 2% of americans we know the figure by now. those couples filing jointly making mo
MSNBC
Nov 28, 2012 7:00pm PST
leadership has said he now agrees with president obama on taxes. >> we agree with the president on that. >> congressman cole said he thinks the house of representatives should simply pass the bill that has passed the senate, preserving the current tax rates for all except those in the top brackets, which would revert to the clinton tax rates. the current rates are expected to expire on new year's eve, all of them, and congressman cole has decided it's time to face reality. >> these tax rates are going up automatically unless congress acts. to save as many of them as possible. >> the newest republican defector from grover norquist's pledge has instantly become as good a sales man for higher top tax rates as any democrat. >> right now, congress can pass a law that would prevent a tax hike on the first $250,000 of everybody's income. everybody's. even the wealthiest americans would still get a tax cut on the first $250,000 of their income. it's not like folks who make more than 250 aren't getting a tax break, they've getting a tax break on the first 250, just like everybody else. >> congre
MSNBC
Nov 30, 2012 3:00am PST
, listen, from obama's opening offer, i was able to salvage the estate tax rates. i was able to salvage the dividends tax rates. i was able to shave off 400 to $500 billion in tax hikes that the president wanted. and on top of that, i was able to secure a promise to do comprehensive tax reform within a year. all from the president's first offer. wouldn't that be at least a little bit palatable to some of the republicans in the caucus? >> i think your word choice is perfect, a little bit palatablp. >> that's all they need. >> the attitude of let's make specific concessions now with regard for other concessions to come down the road, that player to be named later you hear about in trades. i think you're going to get enormous apt of skepticism in the house gop caucus to that. because they feel they've seen this movie before. when you were showing the footage of durbin and boehner, i thought it was footage from the debt ceiling argument. >> but isn't the better alternative which is to see all the tax cuts he e s expire? >> how will he pass the massive obama tax cut without the house? >> i'm
MSNBC
Dec 1, 2012 11:00am PST
obama also pushed away republican senator orrin hatch called his proposal, radical. >> it's unacceptable for some republicans in congress to hold middle class tax cuts hostage simply because they refuse to let tax rates go up on the we weltmist americans. >> what he proposed this week is a classic bait and switch on the american people. a tax increase doubled the size of what he campaigned on. >> joining me now nbc news white house correspondent mike viqueira. mike, let's talk about this thing. this is the time the lawmakers are breaking out the rule book to find some tricks. how does pelosi think she can force a vote on middle class tax cuts? >> it's funny, craig, the president visited the tinker toy factory yesterday but he's not playing around, that is for certain. his opening bid delivered by tim geithner the treasury secretary on thursday up on the hill was such a one-way document as far as republicans were concerned that the republican leader of the senate broke out in a burst of laughter when he saw $1.6 trillion in new revenues, principally from taxes on the wealthiest americans.
CNN
Nov 30, 2012 4:00am PST
split or the fiscal cliff because president obama's plan to avoid the fiscal cliff is not exactly flying with republicans. 32 days now count with me 32 tax rates soar, spending cuts automatically kick in and keep in mind there is a date that we're watching also before this, congress break for the holidays in all of 14 days. >> so to review the president's plan calls for $1.6 trillion in tax hikes, $50 billion in new stimulus spending, and $400 billion in unspecified cuts. the president for himself he's heading to a manufacturing plant in pennsylvania today to try to sell that idea. house speaker john boehner's reaction was essentially, get serious. so we want to talk about the numbers behind this. we're going to bring in ken rogoff, professor of economics and public policy at harvard university. you heard the specifics of the plan, $1.6 trillion in new taxes, $400 billion in unspecified cuts, $50 billion in new stimulus. how does this sound to you? >> well, it certainly sounds like a plan. and i do think we have to see some mix of higher revenues starting now and frankly going on into th
CSPAN
Dec 4, 2012 8:00pm EST
the rate the better for investment in the better for job growth. in terms of medicare and medicaid, you'll see for upper income under obama carries authority been done. if you're going to make two and $50,000 here gopi attacks that flows into fun that thing. democrats added in the first two years an enormously new program. it's by the lake had a chilling dollars of taxes of its own, 600 alien over a decade and they're beginning to kick in now. your tanning salon has an extra 10%. the wheelchair will have a device check. if your high income investor, you already going to get hit with taxes to fund the president's health care proposal. >> host: at this included on budget proposals put out? >> guest: i think they are. we think something said to be open for negotiation or review. it's not going to do a full repeal. there have been areas where work done before. both sides came together. a republican plan to give it a 1099 forms to kill small businesses. i was a idea. this thing is it that break or fiscally for the country over the next decade and i will become progressively more apparent. >>
CSPAN
Nov 30, 2012 9:00am EST
it more economically viable, he just wants to raise rates and punish folks more. let me go, mr. speaker, to president barack obama, august, 2009. he says this in an interview. the last thing you want to do is to raise taxes in the middle of a recession. because that would just take more demand out of the economy and put businesses in a further hole. president barack obama, august, 2009. he was absolutely right then. those facts hold true today. it's not just those facts hold true over a small period of time, mr. speaker. those facts hold true over a decade. john kennedy's quotes, president john f. kennedy, i just want to take you back, mr. speaker, it's not as if these are new ideas we are talking about. this isn't some rocket science problem that's suddenly been thrust upon the united states of america in 2012. these are basic economics. adam smith talked about these years ago. this is in one of john f. kennedy's news conference in 1962 as he was providing the largest tax cut in modern american history he said this, he said it's a paradoxical truth that tax rates are too high and tax r
CSPAN
Dec 4, 2012 12:00pm EST
, but as secretary geithner said over the weekend, as, i think, president obama conveyed in the interview today with bloomberg tv, he remains confident we can get this done. he remains optimistic that once republicans accept that there is no deal without an acknowledgement and acceptance that rates have to go up on higher end earners that, well, we can find a compromise here that resolves the fiscal cliff and takes a very important step towards the kind of broad balanced deficit reduction package that do enormous good to the economy. the kind of package i should not leave out with targeting investments so the economy continues to grow and create jobs. as i said on occasions, deficit reduction in and of itself is not a goal, but part of the plan that is focused on economic growth and job creation. president's very focused on that. jay? >> just a second ago, you referred to how the debt ceiling, taking it off the table, needs to be part of the deal. you referred to the economy, you called held hostage by the ideological team. you were aware of this, senator obama was against -- >> we addressed th
Search Results 0 to 28 of about 29 (some duplicates have been removed)